Regulation 33 Pensionable earningsI1
Scotland
This regulation applies to an active member (P).
P’s pensionable earnings for any pay period are the sum of the following amounts paid in that pay period to P by P’s employer in respect of P’s pensionable service—
all salary and allowances paid for the performance of P’s contractual duties;
the amount of any payment in respect of overtime;
an amount equal to any part of P’s salary which P has given up the right to receive under a salary sacrifice arrangement;
the amount of any payment made to P by way of bonus under a pay settlement that applies to all employees (or all employees of a particular class or description) at the institution where P is employed.
P’s pensionable earnings do not include any amounts mentioned in regulation 34.
Annotations
Textual amendments
- F1
Words in reg. 33(2)(c) inserted (6.4.2024) by The Carer's Leave (Consequential Amendments to Subordinate Legislation) Regulations 2024 (S.I. 2024/266), regs. 1(2), 7(5)
- F2
Words in reg. 33(2)(c) substituted (1.4.2015) by The Teachers’ Pension Scheme (Scotland) Amendment Regulations 2015 (S.S.I. 2015/97), regs. 1, 6
- F3
Words in reg. 33(2)(c) inserted (6.4.2020) by The Parental Bereavement Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2020 (S.I. 2020/354), regs. 1, 34(5)
Commencement
- I1
Reg. 33 in force at 1.4.2015, see reg. 1(2)(b)